We would love to hear your thoughts about our site and services, please take our survey here.
If you are lucky enough to have exited from this without losing money or having made some take the money and run. I lost 10 k earlier on in the year when the SP was driven down the day before XD despite there being 6 times more buys than sales. I sold after watching a 35 k investment reduced to 23 in 1 day but got a 2 k dividend, wahoo !! This is the last time I will ever invest in shares as the smaller sahareholder clearly has no control when market makers and w*nkers are manipulating the market for there own financial gain at the expense of the shareholders. All newcomers beware !!
I Shares in renewable energy company, Infinis (LSE: INFI) and shale gas operator, IGAS (LSE: IGAS) are up strongly today after positive news flow. Meeting expectations In the case of Infinis, its shares have risen by over 5% after it reported a strong first quarter of the year. For example, Infinis generated 586 gigawatt hours of power in the first quarter of the year, which is up from 572 gigawatt hours in the first quarter of the previous year. Furthermore, Infinis has been able to meet market expectations thus far for pricing and costs, which is encouraging news for its investors. However, challenges could lie ahead for Infinis. For example, the government subsidies for renewable projects are due to change and the company is facing some uncertainty as it attempts to complete onshore wind projects in time to receive them. Fast-track fracking Meanwhile, IGAS’s shares have risen by over 8% today as the company received a boost from the UK government’s comments regarding the future of fracking. In fact, fracking will now be considered a national priority and, as a result, applications to engage in fracking will be fast-tracked so as to avoid the lengthy delays by local councils that have become a feature of the industry in recent years. Looking ahead, IGAS appears to be on the right side of government policy. That’s because the Conservative majority government appears to be keen to embrace fracking because of the additional employment opportunities and tax benefits that it could bring. That’s especially the case since it appears likely that investment in the relatively uncompetitive North Sea oil and gas sector may decline over the medium to long term, as energy companies continue to cut back on capital expenditure and investment. Under pressure Infinis Energy, though, could struggle in the short run as the government is scrapping the exemption to the climate change levy and, partly as a result of this, the company’s bottom line is due to come under pressure in the next couple of years. For example, earnings are forecast to decline by 12% this year and by a further 3% next year. This puts the company’s dividend under additional pressure, with shareholder payouts being roughly the same as net profit. As a result, it would be of little surprise for Infinis to cut its dividend over the medium to long term, although it is likely to remain a top income stock due to its present yield being a whopping 7.1%. Preferred option Looking ahead, IGAS has strong growth prospects. Its earnings per share are set to rise to 1.7p next year, which puts it on a forward price to earnings (P/E) ratio of 17.2. While this is higher than Infinis’ forward P/E ratio of 13.6, IGAS appears to have brighter prospects than its renewable peer and, with the government’s proposed opening up of shale resources in the UK, it stands to benefit to a significant extent from a more favourable
Shares in Infinis Energy rose after the company said power generation was up by 14GWh to 586GWh. At 0829 BST shares in the renewable energy company were up by 1.5% to 135p. Infinis said day ahead pricing and operating costs were in line with expectations, and said its operational performance meant it would meet management expectations for the full year. The company has already said the removal of climate change subsidies would reduce its earnings in the current financial year by £7.5m. Landfill gas output was down by 6%, which the company said was due to a combination of the natural decline in landfill gas, drier weather conditions and planned full grid outages at two of our larger sites initiated by the local network operators which lasted for 11 days. The company’s onshore wind business exported 152 GWh in the three months to 30 June 2015, which was an increase of 46% from the same period last year. - See more at: http://www.digitallook.com/news/news-and-announcements/infinis-energy-up-on-first-quarter-update--831097.html#sthash.vcN6fQwb.dpuf
Good raise today, does anyone have any idea what has changed ( other than the SP of course )
I agree Parkie mm's are crooks and shisters lol. Did i mention I was mugged for over 10 k from these mm shisters in 1 afternoon. investors beware. These mm shisters may have stopped manipulating the SP for the moment but as soon as they go up you can guarantee they will bring it back down again. Thinking about mm's are worse than muggers, A mugger would have got my wallet & phone not a third of my savings !!
Think i have learn't a bit about the market from Infinis Share manipulation. As a PI we have no way of knowing when a MM decides to manipulate the SP down for their own interest. One would need to be in the Deli in Canary wharf when the MM announces to his chums he is doing a raid on Infi this afternoon !!
Not sure I agree Parkside. Everyone knew the Tories were pulling the subsidies yet the mm's waited until XD before hauling down the SP. The SP was then taken down despite there being more buys than sells. If you an believe the buy and sell prices on Hl and I've seen my buys and sells on there many times the SP has been taken down several times just when it looks like it is going up eg 85 # buys 15 %. Why else would a SP fall when there are more buys than sells?
I have received the following response from LSE in regard to my inquiry on MM Manipulation of the share price: would be intereseted in what others have to say on this generic response.. Please note that London Stock Exchange (“the Exchange”) does not disseminate whether a trade is buyer or seller initiated on our market data feed. I am assuming that the website or vendor screen you are viewing may be adding a buy or sell marker on to the trade reports depending on the price of each trade e.g. if the trade price is above the mid price at the time of the trade then they are marked buy and if the trade price is below the mid price at the time of the trade then they are marked sell, such vendors/websites may state how it is determining the buy or sell marker but I reiterate this information does not emanate from the Exchange. I hope the information provided explains the rationale behind the trading data you are viewing via your data provider.
As a long term investor in Infinis almost 2 years now and having lost 10 k in the mm play a few weeks back I was hoping to recover a few of my losses with the occasional little win. It really has taken until today for me to say never again. Whatever happened to fair play and market forces. When theres 3 times the amount of buyers than sellers the buyer is happy to pay the premium SP in the rising market. Its basic economics. For the mm to just alter a SP in a rising market doesn't make any sense at all unless its purely an excercise in shaking the tree to see who will fall out. Losing sight of the bigger picture and market gains from rising SP they prefer to lower the SP without reason, kill off the rising market and punish the investor for investing. All very well saying you need to be in it for the long term but if the mm keeps on reducing the sp everytime it looks like the markets rising who benefits as an investor it makes no sense to invest here.
I'm out. After stupidly buying back in yesterday 15500 shares as they looked like they were going in the right direction AND HAD 66 % BUYS VERSUS SALES. Within 30 minutes MM were taking the price down. Sold this morning at a loss of around a grand with the knowledge I will never buy shares again. MM Manipulation of the Market. With the share price and manipulation it looks to me like those ****ers want it all. Devious underhand tactics employed by a bunch of ****s. Well **** you mm's i'm taking whats left of my investment and i'm not playing with you ******s again !! Good luck everyone else you will need it with those ****s
84 % buys versus 16 % sales and the Share price dropped by 4. MM's you really are a bunch of ****s
Is this just a tactic to force anyone who buys into Infinis to sell at a loss. After all anyone newly investing will not want to see the SP fall immediately. Its all well n good buying into a decent dividend but if your SP immediatley falls by more than a potential dividend in 6 months what good is that. MM'S are treating new investors with contempt
Just trying to understand this as once again something is happening. We have 80 % buys versus 20 % sells but the SP is falling. Is this MM Manipulation to ensure potential shorters are worse off as soon as they invest? Thanks.
anyone know why has the SP just fallen when there is twice as many buys as sells ?
seems MM's setup small investors for failure. An attractive dividend lured in investors then MM,s manipulated the share price with massive drops in SP despite there being more sells than buys,
Was the old CEO doing a bad job under the circumstances. The pice was driven down by the mm's last week aggressively and unfairly why they cherry picked the fleeing shareholders shares. This week they look like they want to drive up the share price a bit to make a gain on their new purchases. Were all a bit wiser to these tactics now and i expect most have sold as the momentum stopped today !!
Lot of sales today HL Site is showing 67% sales versu 33% buys. was yesterdays bounce just the market getting behind the SP as it was rising. Todays looking a bit flat by comparrison so which way is it going to go ???
I agree however people were still buying. the MM's chose to reduce the value of the share !! whos to say the SP wouldn't have stayed the same or increased as the div was on offer. The next day XD id expect a drop as the d is no longer available.
My understanding of the stock exchange may be limited but as I undersatnd it when there are more buys than sells share prices should rise and when there are more sells than buys the opposite will happen however in this case the market makers have clearly manipulated the share price. To put this in context. Infinis shares were going ex dividend on the 9th July and there were 3 times the amount of buys than sells. This should have pushed the SP up however At 1.35pm the day before ex dividend day, in a period of just 2 minutes the mm's reduced Infinis share price from 194.25 to 188.75, despite there being more buys than sells in that period. Yet during a subsequent period, 1.41pm to 1.43pm, when there was only buys totaling around 20,000 shares, they kept Infinis shares at the same level. Over the next few days the share price was pulled down a further 25p for a dividend worth 12.2p ????? The mm's had hauled the SP down 17p yesterday after lunch on the budget news even when there was 3 times more buys than sells ????? That's 39p ????? almost 20% for a 6% divi. ( to quote FL ) In a period of 1hr 20min, overall 5792 were bought more than sold, yet the mm's dropped the SP from 166p to 160p. Thurs afternoon in 25min 4093 more Infinis shares were bought than sold yet the price dropped further to 158 in that period. Not just free fall but free haul down by the mm's nothing to do with genuine buying and selling. Then Friday 10th July the mm manipulated the SP down from 163.5 to 160 in a matter of minutes disregarding that there were again more buys than sells in that period.
If the mm can just take the SP down whenever they want to. How can this be a Good Buy, Whats to stop them them from driving this down to 90 pence a share. It seems to me it makes no diffence on whether there are more buys than sells they can lower the price anyway !! BUYER BEWARE !!